Quantitative Economics Major

The Bachelor’s of Science in Quantitative Economics provides a range of coursework in economics and related fields to prepare students for careers in a variety of quantitative occupations as well as graduate school in economics or related fields.

Goal 1: Students will understand how all issues in economics involve making choices in the context of scarcity.      

Objective 1.1: Students will be able to explain the concept of opportunity cost.

Objective 1.2: Students will understand the concept that decision-making takes place at the margin and explain how this affects the behavior of consumers and firms.

Goal 2: Students will understand how economic agents interact.

Objective 2.1: Students will be able to explain the supply and demand model and how it is applied to input and output markets as well as the macro economy.

Goal 3: Students will be able to identify important economic variables, understand how they are measured, and explain what they tell us.

Objective 3.1: Students will be able to define and know the approximate value of some key macroeconomic variables in the US, including GDP growth, inflation, unemployment, and interest rates. Furthermore, students will know how these variables are measured, how they affect us and understand the difference between “nominal” and “real” values.

Goal 4: Students will be able to demonstrate knowledge of econometric and quantitative methodology in economics.

Objective 4.1: Students will be able to use statistical and econometric techniques for estimation and analysis.

Objective 4.2: Students will be able to apply quantitative methods to economic theories and models.

Requirements for the Quantitative Economics Major (B.S.)

The traditional undergraduate programs includes a minimum of 120 credits distributed across three components: A General Education component divided into Signature Courses, Variable Courses, and an Integrative Learning requirement; a Major and Divisional component; and Free Electives. In addition to course requirements as specified in each area, students must complete one certified course in each of the following overlay areas1:

  1. Diversity, Globalization or Non-western Area Studies,
  2. Ethics Intensive
  3. Writing Intensive, and
  4. Diversity

Overlay requirements are part of the 120 credit requirements

General Education Signature Courses

See this page about Signature courses

General Education Variable Courses

See this page about Variable courses. Six to Nine courses

Social/Behavioral Sciences:
ECN 101Introductory Economics Micro3
Math Beauty: Students should select among the following:
MAT 131Linear Methods3
MAT 132Math of Games & Politics3
MAT 134Math of Uncertainty:Rules/Prob3
MAT 155Fundamentals of Calculus3
MAT 161Calculus I4

General Education Overlays

See this page about Overlays.

General Education Integrative Learning Component

See this page about Integrative Learning Component. Three courses:

Any calculus course including:*
MAT 123Differential Calculus3
or MAT 155 Fundamentals of Calculus
or MAT 161 Calculus I
*For students who have already completed calculus for Math Beauty or received AP calculus credit, students will complete any course in the College of Arts & Sciences
Two additional courses chosen from Math (MAT) (this is in addition to the Math Beauty requirement and the statistics requirement) or Data Science (DSC), or Computer Science (CSC) or Geographic Information Systems (GIS) or Decision System Sciences (DSS). Suggested courses include:6
Calculus II
Calculus III
Introduction to Linear Algebra
Python Programming for All
Databases for All
Data Structures
Intro Math of Data Science
Essentials of Data Science
Business Analytics
Introduction to GIS
Intermediate GIS
Total Hours9

Major Requirements

ECN 101Introductory Economics Micro3
ECN 102Introductory Economics Macro3
ECN 290Professional Prep Seminar1
ECN 301Microeconomic Theory3
ECN 302Macroeconomic Theory3
ECN 410Econometrics3
Any Statistics Course, including:3
Introduction to Statistics
Applied Statistics
Mathematical Statistics
Business Statistics
Any three of the following quantitative economics electives 19
International Macroeconomics
Economics of Labor
Monetary Economics
Game Theory
Environmental Economics
Urban Economics
Economic Forecasting
Research Methods
Economics Internship (with department chair approval)
Any 300/400-level ECN course 3
Experiential Learning Requirement (required starting with students entering in Fall 2023) 2
Includes ECN491, Service-Learning course, Study abroad, The Washington Center, Independent Study – research, Summer Scholars, Winter Immersion Program (WIP), or Honors Thesis.
Total Hours31

MAT 311, MAT 322, MAT 423, ASC 401, DSS 420, DSS 435, and DSS 470 can be substituted for the above economics requirements at a maximum of two substitutions.


ECN 290 and Experiential Learning are required starting with students entering in Fall 2023.